Tesla September Registrations Rise Across Europe, Extending Recovery

By admin October 1, 2026 No comment

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Tesla’s new-car registrations increased across several European markets in September, adding to signs of a recovery for the U.S. electric vehicle maker after two years of declining sales in the region. Registrations rose 61.9% in France, 2.2% in Norway and 38.4% in Sweden compared with the same month last year, according to data from national […]

Thousands of Audi Workers Protest Over Possible Neckarsulm Plant Closure

By admin July 29, 2026 No comment

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Thousands of Audi employees gathered in Neckarsulm, Germany, to protest against the possible closure of the automaker’s manufacturing plant as parent company Volkswagen continues a major restructuring programme. According to the works council, around 6,000 workers took part in the demonstration, expressing concerns over job security and the future of the facility.

Volkswagen Plans Deeper Cuts Amid Rising Chinese Competition

By admin July 24, 2026 No comment

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Volkswagen has announced plans to deepen cost-cutting measures as Chinese automakers continue expanding into the European market. CEO Oliver Blume said the company faces growing competitive pressure from more than 150 Chinese brands, alongside challenges from tariffs and weakening demand in China. The automaker is seeking major restructuring to remain competitive. The

Volvo Expects Recovery Despite China Slump

By admin July 17, 2026 No comment

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Volvo Cars expects a stronger second half of 2026 despite reporting weak second-quarter results driven by a sharp slowdown in China and rising production costs. The Swedish automaker posted an operating profit of $82.8 million for the April–June period, but its shares fell around 8% after the results were announced. Sales in China, the world’s […]

BYD Nears Decision on Second European Manufacturing Plant

By admin July 1, 2026 No comment

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Chinese electric vehicle giant BYD is close to finalising plans for a second manufacturing facility in Europe as it accelerates its regional expansion. Speaking at the Reuters Automotive Europe conference in Frankfurt, BYD’s special adviser for Europe, Alfredo Altavilla, said a decision is expected soon, with Spain and France emerging as the leading candidates. The

German Carmakers Face Mounting Pressure Amid Global Auto Industry Shift

By admin June 5, 2026 No comment

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German automakers are losing momentum as global rivals gain ground, according to a new EY analysis. While major automotive groups worldwide posted a 2% increase in first-quarter revenue, German manufacturers recorded a 4% decline, reflecting growing challenges in key international markets. Industry experts point to a combination of factors behind the downturn, including

Ferrari Unveils First Fully-Electric Model ‘Luce’ Amid Industry-Wide EV Skepticism

By admin May 25, 2026 No comment

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Ferrari stepped into a new automotive era on Monday with the unveiling of its first fully-electric car, the “Luce,” in Rome, betting it can captivate drivers without its signature combustion engine roar. The four-door model boasts a top speed of 310 kph (193 mph) and carries a hefty price tag of more than €500,000 ($586,000). […]

Europe EV Sales Surge as Fuel Prices Spike Amid Iran Conflict

By admin May 20, 2026 No comment

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Electric vehicle demand across Europe has jumped sharply as soaring fuel prices linked to the Iran conflict push consumers toward electric mobility. According to data shared with Reuters, registrations of new EVs across major European markets rose 34% year-on-year in April, while demand for both new and used electric cars surged significantly. Industry players said […]

Volkswagen to Cut 50,000 Jobs Amid Profit Drop

By admin March 10, 2026 No comment

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Volkswagen announced plans to cut 50,000 jobs across Germany by 2030, as post-tax profits fell by 44% in 2025, marking their lowest level since 2016. CEO Oliver Blume said the reductions will impact the entire group, including Audi and Porsche, and follow earlier agreements with unions to cut over 35,000 jobs in a socially responsible […]

EU ‘Made in Europe’ Auto Plan Risks Trade Tensions

By admin March 3, 2026 No comment

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The European Union is preparing to introduce stricter “Made in EU” requirements for automakers as part of a proposed Industrial Accelerator Act aimed at reviving domestic manufacturing. Under draft rules, electric vehicles would need at least 70% of their parts’ value — excluding the battery — produced within the bloc to qualify for subsidies, alongside […]